Can I retire at age 30 with 10,500,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $10,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$867,080$859,357$851,821$844,466$837,285$821,388
2 years$429,248$421,253$413,506$405,993$398,707$382,753
3 years$283,323$275,294$267,565$260,124$252,956$237,442
4 years$210,374$202,370$194,719$187,405$180,410$165,456
5 years$166,617$158,661$151,110$143,945$137,145$122,794
6 years$137,455$129,558$122,119$115,114$108,518$94,785
7 years$116,633$108,803$101,482$94,641$88,254$75,143
8 years$101,023$93,264$86,065$79,392$73,216$60,722
9 years$88,889$81,203$74,127$67,625$61,658$49,775
10 years$79,187$71,577$64,626$58,293$52,536$41,253
11 years$71,255$63,720$56,896$50,732$45,183$34,486
12 years$64,649$57,192$50,493$44,499$39,154$29,029
13 years$59,064$51,685$45,113$39,286$34,143$24,573
14 years$54,281$46,980$40,534$34,874$29,930$20,897
15 years$50,139$42,917$36,597$31,101$26,353$17,838
16 years$46,519$39,376$33,180$27,848$23,290$15,276
17 years$43,328$36,264$30,193$25,021$20,651$13,117
18 years$40,494$33,509$27,562$22,549$18,362$11,289
19 years$37,962$31,056$25,232$20,375$16,366$9,734
20 years$35,686$28,859$23,156$18,453$14,619$8,407
21 years$33,630$26,881$21,299$16,748$13,082$7,271
22 years$31,762$25,092$19,631$15,227$11,726$6,296
23 years$30,060$23,468$18,125$13,868$10,526$5,457
24 years$28,502$21,988$16,763$12,648$9,461$4,735
25 years$27,071$20,635$15,526$11,551$8,514$4,111
26 years$25,752$19,393$14,399$10,562$7,669$3,571
27 years$24,532$18,251$13,371$9,668$6,914$3,105
28 years$23,402$17,198$12,430$8,858$6,239$2,700
29 years$22,352$16,225$11,567$8,123$5,633$2,349
30 years$21,373$15,322$10,775$7,454$5,090$2,045
31 years$20,460$14,485$10,045$6,846$4,602$1,781
32 years$19,605$13,706$9,372$6,292$4,163$1,551
33 years$18,804$12,979$8,751$5,786$3,767$1,351
34 years$18,051$12,301$8,176$5,324$3,411$1,177
35 years$17,344$11,668$7,644$4,901$3,089$1,026
36 years$16,676$11,074$7,151$4,513$2,799$894
37 years$16,047$10,518$6,693$4,158$2,537$780
38 years$15,452$9,996$6,268$3,833$2,300$680
39 years$14,889$9,505$5,872$3,534$2,086$593
40 years$14,355$9,043$5,504$3,260$1,892$517
41 years$13,849$8,608$5,161$3,008$1,716$451
42 years$13,368$8,198$4,841$2,776$1,557$393
43 years$12,911$7,811$4,543$2,562$1,413$343
44 years$12,475$7,446$4,264$2,366$1,283$299
45 years$12,061$7,100$4,004$2,185$1,165$261
46 years$11,665$6,773$3,761$2,018$1,057$228
47 years$11,288$6,464$3,533$1,865$960$199
48 years$10,927$6,171$3,320$1,723$872$173
49 years$10,582$5,893$3,121$1,592$792$151
50 years$10,252$5,629$2,934$1,472$719$132

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $10,500,000, adding $5,674 every year, while hoping to spend $59,972 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 42/33/25 Blend
29$10,500,000$10,500,000$10,500,000$10,500,000
30$11,576,853$11,020,353$10,857,603$11,978,085
31$12,693,882$11,496,540$11,157,523$12,742,118
32$13,922,838$11,994,051$11,465,480$13,562,856
33$15,275,075$12,513,866$11,781,680$14,450,507
34$16,763,101$13,057,014$12,106,335$15,411,273
35$18,400,699$13,624,570$12,439,660$16,451,962
36$20,203,057$14,217,661$12,781,875$17,580,049
37$22,186,909$14,837,466$13,133,207$18,803,746
38$24,370,692$15,485,220$13,493,888$20,132,076
39$26,774,724$16,162,217$13,864,155$21,574,950
40$29,421,391$16,869,811$14,244,249$23,143,261
41$32,335,360$17,609,420$14,634,419$24,848,982
42$35,543,814$18,382,528$15,034,920$26,705,274
43$39,076,703$19,190,692$15,446,009$28,726,604
44$42,967,030$20,035,540$15,867,954$30,928,881
45$47,251,163$20,918,777$16,301,026$33,329,597
46$51,969,174$21,842,189$16,745,503$35,947,989
47$57,165,222$22,807,648$17,201,669$38,805,219
48$62,887,965$23,817,114$17,669,816$41,924,560
49$69,191,022$24,872,637$18,150,240$45,331,616
50$76,133,479$25,976,369$18,643,245$49,054,559
51$83,780,443$27,130,560$19,149,143$53,124,381
52$92,203,659$28,337,569$19,668,250$57,575,189
53$101,482,189$29,599,866$20,200,893$62,444,514
54$111,703,152$30,920,039$20,747,402$67,773,662
55$122,962,551$32,300,798$21,308,118$73,608,091
56$135,366,177$33,744,984$21,883,386$79,997,839
57$149,030,609$35,255,570$22,473,562$86,997,985
58$164,084,312$36,835,673$23,079,006$94,669,160
59$180,668,848$38,488,557$23,700,089$103,078,111
60$198,940,216$40,217,643$24,337,188$112,298,322
61$219,070,324$42,026,513$24,990,689$122,410,699
62$241,248,606$43,918,921$25,660,986$133,504,321
63$265,683,816$45,898,800$26,348,481$145,677,274
64$292,605,994$47,970,270$27,053,585$159,037,562
65$322,268,641$50,137,649$27,776,715$173,704,119
66$354,951,108$52,405,460$28,518,301$189,807,916
67$390,961,236$54,778,442$29,278,779$207,493,188
68$430,638,258$57,261,561$30,058,594$226,918,781
69$474,356,003$59,860,021$30,858,200$248,259,636
70$522,526,427$62,579,274$31,678,061$271,708,431
71$575,603,497$65,425,032$32,518,651$297,477,379
72$634,087,478$68,403,283$33,380,450$325,800,222
73$698,529,657$71,520,300$34,263,951$356,934,415
74$769,537,543$74,782,656$35,169,655$391,163,545
75$847,780,607$78,197,240$36,098,072$428,799,985
76$933,996,595$81,771,272$37,049,724$470,187,828
77$1,028,998,499$85,512,315$38,025,141$515,706,117
78$1,133,682,226$89,428,298$39,024,863$565,772,396
79$1,249,035,058$93,527,530$40,049,441$620,846,639
80$1,376,144,972$97,818,717$41,099,436$681,435,564
81$1,516,210,910$102,310,985$42,175,418$748,097,398
82$1,670,554,097$107,013,898$43,277,968$821,447,116
83$1,840,630,514$111,937,478$44,407,679$902,162,228
84$2,028,044,642$117,092,230$45,565,152$990,989,145
85$2,234,564,611$122,489,164$46,751,000$1,088,750,198
86$2,462,138,888$128,139,820$47,965,845$1,196,351,373
87$2,712,914,674$134,056,291$49,210,321$1,314,790,830
88$2,989,258,176$140,251,255$50,485,072$1,445,168,300
89$3,293,776,941$146,737,997$51,790,752$1,588,695,429
90$3,629,344,474$153,530,444$53,128,028$1,746,707,184
91$3,999,127,368$160,643,193$54,497,574$1,920,674,420
92$4,406,615,194$168,091,544$55,900,077$2,112,217,724
93$4,855,653,449$175,891,534$57,336,235$2,323,122,678
94$5,350,479,856$184,059,975$58,806,754$2,555,356,673
95$5,895,764,374$192,614,486$60,312,353$2,811,087,439
96$6,496,653,283$201,573,539$61,853,760$3,092,703,464
97$7,158,817,771$210,956,495$63,431,713$3,402,836,494
98$7,888,507,470$220,783,651$65,046,963$3,744,386,330
99$8,692,609,464$231,076,281$66,700,268$4,120,548,151
100$9,578,713,298$241,856,688$68,392,396$4,534,842,623